Here's Why You Should Retain Allison Stock in Your Portfolio Now

Allison Transmission Holdings, Inc. (ALSN) is likely to benefit from rising global defense budgets, continued innovation in product development and international growth opportunities. However, high R&D and labor costs remain concerning.Let’s find out why this Zacks Rank #3 (Hold) stock is worth retaining at the moment.Rising Defense Budget, Continued Innovation Aid ALSNAllison is well-positioned to benefit from rising global defense budgets. For 2024, Allison is targeting an additional $100 million in reven ...